Vibration Monitoring Market by Component, System Type, Monitoring Process, Industry & Geography - Global Forecast to 2023 - Research and Markets

The "Vibration Monitoring Market - Global Forecast to 2023" report has been added to Research and Markets' offering.

The vibration monitoring market was valued at USD 1.19 Billion in 2016 and is expected to reach USD 1.85 Billion by 2023, at a CAGR of 6.5% during the forecast period from 2017 to 2023. The growth of this market is being propelled by the rising trend of remote monitoring through wireless systems, growing awareness toward predictive maintenance, increasing demand from emerging applications, and penetration of smart factory.

The report covers the vibration monitoring market segmented on the basis of offering, monitoring process, system type, industry, and geography. The hardware segment is expected to hold the largest size of the vibration monitoring market based on offering by 2023. The growth of this market is being propelled by the high demand for vibration monitoring hardware from various industries globally.

The online segment held a larger share of the overall vibration monitoring market based on the monitoring process. This process is widely used for vibration monitoring for the equipment in critical plants that work continuously and are highly prone to defects. Online vibration monitoring systems have applications in the industries having the 24 hour production is maintained. One the hand, the market for portable vibration monitoring is expected to grow at the significant CAGR during the forecast period. The major factors encouraging the market for the portable segment are the mobile nature of systems and need for lesser investment than that for the non-portable monitors.

Companies Mentioned

  • Analog Devices Inc.
  • Azima Dli Corporation
  • Bruel & Kjaer Sound & Vibration Measurement A/S
  • Crystal Instruments Inc.
  • Emerson Electric Co.
  • Fluke Corporation
  • General Electric
  • Hansford Sensors
  • Honeywell International Inc.
  • IFM Efector Inc.
  • Meggitt Plc
  • Metrix Instrument Co. Lp.
  • Mistras Group Inc.
  • National Instruments Corporation
  • Omron Corporation
  • Pce Instruments Uk Ltd.
  • Pruftechnik Dieter Busch Ag.
  • Rockwell Automation Inc.
  • Schaeffler Technologies Ag & Co. Kg
  • Shinkawa Electric Co. Ltd.
  • SKF Ab
  • SPM Instrument Ab
  • STI Vibration Monitoring Inc.
  • Te Connectivity Ltd.
  • Vibrosystm Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Vibration Monitoring Market, By Offering

8 Vibration Monitoring Market, By Monitoring Process

9 Vibration Monitoring Market, By System Type

10 Vibration Monitoring Market, By Industry

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/kpsx6g/vibration